Moody's upgrades Yes Bank rating, changes outlook to 'stable' on capital raise planYes Bank had to be bailed out in March 2020 following a coordinated action by the government and RBI -- and as many as eight lender led by ...
Meghalaya provides micro ATM to business correspondent agentsIn June this year, the MSRLS had signed an MoU with MRB to roll out the BCA project whereby 84 Self Help Groups (SHGs) who were functioning...
Moody’s cuts ratings of four state-run lenders, says outlook negativeThe ratings agency said the BCA downgrades take into consideration rising risks to the banks' asset quality as a result of the severe econo...
Moody's places YES Bank rating under review for downgradeThe bank's weakening financial position can be offset by planned fundraising, says Moody's.
World’s most expensive bank cuts back on water to trim costsRestricting the amount of drinking water shows how lender has managed to pare expenses & boost efficiency.
Moody's keeps stable outlook on IndusInd Bank on maiden ratingThe agency has assigned a long-term local and foreign currency bank deposit and issuer rating of Baa3 to the lender.
Indian Overseas Bank, Central Bank jump over 4% on rating upgradesMoody's has also upgraded their Baseline Credit Assessment (BCA) and Adjusted BCA to b2 from b3.
YES Bank slumps 4% as Moody’s downgrades FCBs ratingsThe resignations have raised concerns over corporate governance, the rating agency said.
Moody's slashes PNB ratings by one level to junkThe state-owned lender last week reported its highest ever quarterly loss of Rs 13,416.9 crore.
Moody's upgrades ratings of four Indian financial institutionsIn the case of HDFC Bank, Moody's has also upgraded the bank's baseline credit assessment (BCA) and adjusted BCA to baa2 from baa3.
Moody's gives investment grade rating to Axis Bank's $500 million bondsThe drawdown will be listed on the London Stock Exchange and the Singapore Stock Exchange.
Moody's downgrades Bank of India, Canara Bank to ba3It has downgraded the BCA of Bank of India and Canara Bank to ba3 from ba2 on account of rise in NPA.
Securens Systems: Mumbai-based e-surveillance startup helps businesses make premises more secureUdupa founded Securens with the help of his long-time friend Srinivas Popuri. He put in Rs 90 lakh and Popuri Rs 10 lakh to kickstart the v...
Moody's retains SBI deposit ratings at Baa3Global rating agency Moody's has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P-3.
Moody's cuts Indian Overseas Bank's financial strength rating on higher bad loansInternational rating agency Moody's Investors Service has lowered Indian Overseas Bank's baseline credit assessment (BCA) by two notches fo...
Direct cash transfer programme: PSBs to open 5,000 ATMs in 51 districtsIn order to facilitate payments, these banks will continue to use the existing payment module, which allows interbank payments.
- Moody's reaffirms ICICI Bank ratings with stable outlook
International credit rating agency Moody's today assigned ICICI Bank the highest baseline credit assessment for any Indian bank, while re-a...